Nonprofit, Public and Professional Organizations

Learn the Basics - Tips for Non-Profits

Many people find that the best outlet for their entrepreneurial spirit is to improve the quality of their communities and their world by starting a non-profit organization. But while non-profit and for-profit organizations share many similarities, there are also key differences that can doom even the best of intentions.

Jim Maltry, a SCORE mentor with 26 years of experience in the non-profit community, discusses several of the most important factors to consider when planning and launching a non-profit.

Q:

How is the process of starting a non-profit similar to that for starting a small business? How do the processes differ?

About the Author

Jim Maltry Profile

Expert in Nonprofit. Very knowledgeable in all aspects of nonprofit areas. 26 years of experience with the nonprofit community. Experience includes; how to start a nonprofit,  legal requirements, fund raising, board development, recruitment of board members, nonprofit business plans and strategic plans. 

Nonprofits and Reasonable Compensation

Every so often a front page news story will appear citing a seemingly outrageous number as the salary of a nonprofit’s CEO. The question most people ask is how could a tax-exempt organization justly pay someone so much? In rare instances, the CEO in question has manipulated their salary in his or her favor or taken benefits not owed to them. The vast majority of the time, however, the answer rests with what the Internal Revenue Service calls “reasonable compensation.”

Nonprofit Fundraising in the Digital Age

The Internet has changed everything from the way we stay connected to the way you can find a mate, and if it hasn’t changed the way you fundraise for your nonprofit, you’re missing out. While sending canvassers to knock on doors, holding carwashes and auctions will always be solid fundraising strategies, the ideas have been around long enough to become “venerable.”

The Four Rules of a Strong Nonprofit Brand

Many nonprofit organizations spend time crafting a mission statement to clarify their place in the world. But it’s important to remember that these elements aren’t meant to be stored away as archived material in your annual report. These core beliefs should be an everyday yardstick for all of your communications.

Aids Service Center NYC (ASCNYC)

Sharen Duke launched Aids Servcie Center NYC (ASCNYC) in 1990. With the help of the Design Industry's Foundation for AIDS (DIFFA) who donated an office space and the AIDS Institute who provided a grant, Sharen along with her staff of three, began their mission to improve the lives of those infected with the AIDS virus.

http://ascnyc.org/

My Location
New York NY
United States
Year Company Formed
1990
My Successes

Currently, ASCNYC has more than 90 staff members, 85 peer interns and a budget of nearly $8 million. More than 1,800 clients come to ASCNYC for services each year and 18,000 people are reached through ASCNYC's peer education and community outreach initiatives. ASCNYC was also recognized by SCORE as the 2014 Outstanding Non-Profit Organization.

 

How SCORE Helped

In 2008 the recession presented Sharen with new, unfamiliar challenges. Sharen reached out to SCORE to help her in an area she had not been trained in, finance. Sharen's metnor, Munir Saltoun worked with Sharen and ASCNYC's CFO to create a five year plan to restructure the organization in order to get it back on financial track.

          After working for a large accounting firm for many years, I’ve decided to go out on my
own and specialize in helping small businesses with their accounting and financial needs.
Initially, it will be just me, and to keep expenses down and be able to better manage my young
son, I’m thinking about operating out of my home. What are the pros and cons?


     .

About the Author

         This column is brought to you by the Merrimack Valley Chapter of SCORE, with nearly
70 current and former business executives available to provide free, confidential, one-on-one
business mentoring and training workshops for area businesses. Call 603-666-7561 or visit
merrimackvalley.score.org for information on mentoring, upcoming workshops and volunteer
opportunities. SCORE is a national, non-profit organization and a resource partner of the U. S.
Small Business Administration.

Larry Stevenson

Larry Stevenson, MPA

Larry Stevenson

Current City: Provo, UT

I have 38 years experience as a results-oriented operations manager for an international nonprofit organization and entrepreneur. Improving society one family and one business at a time drives me.

For example, we helped one operation increase productivity by 87% in four months and 230% in two years. Our team also opened 30 operations in 22 countries in 3 years. We achieved our 12-month goals 3 months early. We helped 10,000's of small- and home-based businesses to increase profits, grow their sales, and improve their efficiency.

We'd like to help you grow your business, too!

Resume

Education

  • Master of Public Administration from the Marriott School of Management at Brigham Young University
  • Bachelor of Science in Public Administration

 

“What’s An LLC?"

Q: What are limited liability companies (“LLCs”), and what should businesses know about them?

A: LLCs are a new type of business entity that emerged in the early 1990s. They have many important legal and tax characteristics, but the key ones are these:

About the Author

John Cunningham is a N.H. business lawyer whose practice is focused on LLC law and tax. He chaired the N.H. Business and Industry Association committee that drafted the Revised New Hampshire Limited Liability Company Act, a radical revision of New Hampshire LLC law that went into effect on January 1st. LLCs are, by a wide margin, the entities of choice for N.H. business start-ups

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